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2-days In-person Seminar On "How To Build A Formal Compensation Program And Solving Compensation Program Problems" At Orlando

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B2B

EVENT DESCRIPTION

Overview:

Some companies believe that a "Compensation Program" is simply paying employees "a fair day`s wage for a fair day`s work." But knowledgeable Human Resource professionals and practitioners know that there are many advantages to building what is known as a "formal" (i.e. organized, structured, comprehensive) Compensation program. This is a multi-phase process that builds equity (i.e. "fairness") into the program, and that simplifies decision making and administration. But beyond these important advantages, a well-designed Compensation program will provide a competitive advantage when compared to those companies whose Compensation programs are in disarray, and that don't facilitate the attraction, retention and motivation of employees. In this seminar, presented by David J. Wudyka, SPHR, MBA, David will describe the steps and methods for building a formal Compensation program.

Why should you attend?

You should attend this Seminar if you are responsible for building or re-designing your company's Compensation program. Mr. Wudyka will describe each of six steps for building a formal Compensation program in-depth. You will learn about your options for various design elements that will be compatible with your company's pay philosophy. If employee morale is low, you will benefit by learning strategies that can help to strengthen equity (i.e. fairness) and simplify pay program decisions and administration. When you finish this Seminar, you will have the knowledge that you need to embark upon the design process in your company.

Course Outline:

2 day course will include the following topics

Day One (9:00 AM – 6:00 PM EDT)

Lecture 1: The six steps for building a formal Compensation program

Lecture 2: The study of work: three options for collecting information

Lecture 3: The most strongly preferred company approach for the "study of work"

Lecture 4: Writing job descriptions: is there a "standard format"?

Lecture 5: Why job descriptions are more important than ever before

Lecture 6: How to build a "fully defensible" pay program

Lecture 7: Quantitative and qualitative approaches to Job Evaluation

Lecture 8: How to evaluate all of your company's jobs in just 24 hours!

Lecture 9: Why can't we just "price" our jobs using pay surveys?

Lecture 10: How can we get pay data for "non-benchmark jobs"?

Lecture 11: Why can't we conduct our own pay survey?

Lecture 12: What is the best kind of Compensation Survey for our company?

Don't wait to register for the 2-days In-person Seminar On "How To Build A Formal Compensation Program And Solving Compensation Program Problems" At Orlando. You'll meet influential people and maximize your opportunities for success. Start now by accessing the information below.